SJNK - SPDR Bloomberg Barclays Short Term High Yield Bond ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
27.08
+0.04 (+0.15%)
At close: 4:00PM EDT
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Previous Close27.04
Open27.06
Bid27.06 x 1100
Ask27.07 x 27000
Day's Range27.05 - 27.09
52 Week Range25.63 - 27.60
Volume796,308
Avg. Volume2,156,868
Net Assets2.99B
NAV27.03
PE Ratio (TTM)N/A
Yield5.69%
YTD Return8.06%
Beta (3Y Monthly)-0.03
Expense Ratio (net)0.40%
Inception Date2012-03-14
Trade prices are not sourced from all markets
  • Morningstar

    An ETF for Exposure to Short-Term High-Yield Bonds

      IShares 0-5 Year High Yield Corporate Bond ETF SHYG is a decent choice for exposure to U.S. high-yield corporate bonds. The fund is cheaper than most high-yield bond Morningstar Category peers, but it has trailed its benchmark by a multiple of its fee since inception, and it isn't representative of how its actively managed counterparts invest. High-yield bonds are illiquid and expensive to trade, which can make them hard to index efficiently and can lead to high tracking error as some bonds may not be available.

  • ETF Trends

    6 SPDR Bond ETFs to Diversify A Fixed-Income Portfolio

    As investors take an overhead view of the global fixed-income landscape, many are taking into account the changing market conditions and adapting to the changes by creating a diversified bond portfolio. Growth has weakened in most major economies and financial conditions have tightened going into 2019 as investors grew increasingly concerned about the end of the post-crisis economic expansion that has extended for a decade. Consequently, investors should expect increased near-term volatility.

  • TheStreet.com

    A Slower but Not Slowing Economy

    Here's my case for why stability and not continued weakness is my base case, an employment preview, and how I'm positioned now. In August 2018, the NFIB's Small Business Survey showed a net 34% of firms felt it was a good time to expand, an all-time high. Unemployment fell to 3.7%.

  • TheStreet.com

    There's an Historic Shift Going On at the Fed

    On Wednesday, the U.S. Federal Reserve concluded their two day March meeting. Despite a new Summary of Economic Projections (which includes the infamous "dot plot") as well as a press conference by the Chair, we learned little out of this meeting that the Fed hadn't previously communicated. The Fed is quietly making a major shift in their approach to monetary policy.

  • ETF Trends

    Some Investors Return to Junk Bond ETFs

    Falling oil prices, rising interest rates and concerns about deteriorating credit quality were among the factors that chased investors from high-yield corporate bonds and the related exchange traded funds ...

  • ETF Trends

    High Yield Energy Bonds Climb Ahead of OPEC Meeting

    The Bloomberg Barclays High Yield Energy Total Return Index was up 0.77%, marking its highest gain in two years since the Organization of the Petroleum Exporting Companies (OPEC) agreed to reduce supply ...

  • ETF Trends

    Latest Stock Market Correction Justifies the Case for Bond ETF Investing

    The 2018 Midterm Election provided the necessary rally for U.S. equities after washing investors through October's volatility machine, but this continues to persist in the capital markets as the Dow Jones Industrial Average began Monday with a 600-point loss as it struggles to recover on Tuesday--a sign that investors should give bonds a closer look--fixed-income exchange-traded funds (ETFs) in particular. The sell-offs in October was partly to blame as a confluence of these factors could signal that the environment for fixed-income investors will only get more complex. Maybe, but maybe it isn't so wise for investors to dismiss bonds outright," wrote Goldberg.

  • ETF Trends

    Investors Opt for High-Yield Following Post-Midterm Election Rally

    The 2018 Midterm Election results didn’t throw a curveball at investors as most expected a divided Congress would be the result, but a move into high-yield also came as the rally in the capital markets ...

  • ETF Trends

    3 High-Yield Fixed-Income ETFs to Combat Stock Market Volatility

    The old adage of "no risk, no reward" is still thrown around as part of investment vernacular, explicitly stating that those who take on a high degree of risk will reap the benefits of their emboldened maneuvers. In the current economic climate, high-yield bonds might be considered a safe haven and for most investors, it’s hard to imagine high-yielding debt to be associated with “safe,” unless the word “not” precedes it, but to fixed-income investors in the know, these bonds have been anything, but junk in a rising rate landscape. As the curtain closes on the bull run and the late market cycle, the natural propensity for fixed-income investors is to shift back to safer government debt, but in today’s rising rate environment, high-yielding bond strategies may be the safer option.

  • ETF Trends

    Netflix Plans to Offer $2 Billion in Bonds to Fund New Programming

    Last week, Netflix (etftrends.com/quote/NFLX) posted better-than-expected third quarter results with a jump in subscribers and in an effort to maintain its momentum, the video streaming giant plans to offer $2 billion in junk bonds to fund new programming. “To me it feels a bit like a win-win situation," said John McClain, a high-yield money manager at Diamond Hill Capital. “You’re buying the highest-quality, high-yield business at yields that are fairly close to the overall market.

  • Value and High-Yield: 2 ETFs to Watch on Outsized Volume
    Zacks

    Value and High-Yield: 2 ETFs to Watch on Outsized Volume

    SJNK and IUSV saw massive volumes in yesterday trading session.

  • ETF Trends

    Opportunities Abound in High-Yield Emerging Markets Debt

    While emerging markets have been roiled by ongoing trade wars this year, there are still opportunities abound for investors seeking value and one of those areas is within emerging markets debt through the  VanEck Vectors EM High Yield Bond ETF (HYEM) . The rough year in emerging market is evident in ETFs, such as the Vanguard FTSE Emerging Markets ETF (VWO) --down 7.67% YTD, iShares Core MSCI Emerging Markets ETF (IEMG) --down 7.3% YTD and iShares MSCI Emerging Markets ETF (EEM) --down 7.78% YTD.

  • ETF Trends

    Japanese Investors Flock to Chinese Bonds for Higher Yields

    Japanese investors with an appetite for high yields have been flocking to Chinese bonds in order to appease this hunger as access to these areas of the $12 trillion Chinese bond markets have opened due to recent reforms. Data provided by the Japanese Ministry of Finance revealed that Japanese investors purchased 151 billion yen ($1.33 billion) of Chinese bonds year-to-date, which is close to double the amount invested in 2016. “A growing number of investors are interested in Chinese bonds now,” said Hiroshi Yokotani, portfolio strategist at State Street Global Advisors. In addition to the higher yields offered by Chinese bonds, China's latest policy changes have provided the necessary ingress to allow more Japanese investors and investors across the globe to take part in the high-yielding bond bonanza.